Saturday, February 24, 2018

Why Arming School Teachers Is a Stupid Idea

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It’s hard to be an American right now. Our bizarre fealty to guns is nothing short of astonishing. After seventeen people were murdered at a...
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Friday, April 21, 2017

Why Trump May Become the Biggest War-Mongering President Ever

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Donald Trump has the potential to be a very, very, very dangerous president. What I’ve seen so far scares the hell out of me. The domestic...
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Sunday, February 23, 2014

Why Blackstone’s Bet on Single-Family Home Rentals Will Probably Turn Out Badly

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From Bloomberg : Rents collected on the collateral for the first U.S. rental-home securities declined by 7.6 percent from October to Janua...
Sunday, July 28, 2013

Book Review: Bailout by Neil Barofsky

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I recently finished reading Neil Barofsky’s book Bailout . This is the autobiographical tale of how a prosecutor from the U.S. Attorney’s Of...
Saturday, December 8, 2012

Securitization’s House of Cards

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After reading Felix Salmon’s post about the Australian judge who stood up to ratings giant Standard & Poor’s (which slapped a AAA grade...
Wednesday, November 7, 2012

Australian Judge Sees the Light, Rules Against S&P

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Felix Salmon has a good post saluting Jayne Jagot. The Australian judge (color me amazed) actually took the time to understand what was goi...
Tuesday, September 11, 2012

The Smartest Paper Ever From a Regulator

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In case you missed it, Andrew Haldane's "The Dog and the Frisbee," the paper he recently presented at Jackson Hole, was brilli...
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